GONZALEZ, Jorge Iván; PECHA, Arcenio    PUENTES, Julio. Arbitration and exporting foreign-exchange in suitcases. []. , 13, 22, pp.97-108. ISSN 0121-5051.

This article examines the significance and implications of exporting foreign-exchange in suitcases from the perspective of arbitration. The economic significance of arbitration is discussed first, showing that exporting foreignexchange in suitcases is a form of arbitration. Physically moving foreign-exchange makes economic sense because differentials between street dollar-price and the market’s representative exchange-rate are very high. This approach questions other articles incorrectly identifying exporting foreign-exchange in suitcases with dollar-laundering.

: Arbitration; exporting foreign-exchange; dollarlaundering.

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